Market Brief 13 June, 2025

Good evening, investor! The market is experiencing a downturn, with the S&P 500 Index (GSPC) currently trading at 5,974.9, reflecting a decrease of -1.14%, while the Nasdaq 100 Index (NDX) is at 21,627.4, down by -1.28%. Geopolitical tensions, particularly the Israel-Iran conflict, are significantly impacting market sentiment, causing volatility across various sectors. News includes a surge in stablecoin market capitalization to a record $228 billion, alongside significant developments in the crypto space, such as the SEC's actions and potential ETF approvals. Several companies, including GameStop and SharpLink Gaming, are making strategic moves related to Bitcoin and Ethereum, which are influencing stock performance.